Replies to post #15650 on Turner Valley Oil and Gas Inc (TVOG)

[benfrankledger]

Just got email about news after hours. Interesting. Copied below:

$TVOG Turner Venture Group Announces Acquisition of Herban Healing, LLC

Dear friends, investors, and company shareholders,

Austin, Texas - April 15, 2022 – Website Announcement – (April 18, 2022 — Press Announcement) -- Turner Valley Oil and Gas, Inc. (the “Company”) (“Turner”) (OTC: TVOG), now doing business as Turner Venture Group, Inc., announced that the Company has completed the acquisition of Herban Healing LLC (“Herban” or “Herban Healing”), a privately-owned, fully integrated CBD company in the United States. Herban Healing produces and sells over 100 premium SKUs across their robust e-commerce and marketing platform and through 3 unique retail stores across the Greater Houston area.

Highlights:

Turner’s second acquisition is now complete
Grand opening of Herban Healing 3rd store to be announced soon
The Company is now revenue generating
Turner intends to invest up to $150,000 into Herban Healing LLC to fuel growth and expansion of new stores
Deal brings industry expertise into join management

This is Turner’s second acquisition within the hemp and wellness segment following Bloomi Labs LLC previously announced. As detailed in our venture holding company model we are bolting on companies with strong growth potential that integrate well with each other giving Turner competitive advantages to streamline supply chain and improve the customer experience. This acquisition brings with it new management appointments to be announced in subsequent releases as well as financial history and forecasts.

Read Full Announcement Here: https://tvoginc.com/2022/04/turner-venture-group-announces-acquisition-of-herban-healing-llc

[loanranger]

There is no such thing as an S-10 (except the Chevy Blazer) but as of this afternoon you have been offered lots of ridiculous stuff to read.
"Acquisition" related material:
https://www.sec.gov/Archives/edgar/data/1098343/000147793222002434/tvog_8k.htm
https://www.otcmarkets.com/otcapi/company/financial-report/327841/content

And UNAUDITED 2022 Annual Financials (which show Bloomi sales of ZERO in the 4th quarter):
https://www.otcmarkets.com/otcapi/company/financial-report/327831/content

Have fun!

re: "We ought to see a revenue statement from the new company and then as we see revenue coming in, there will be money to finish audits and get S-10."
You ought to, but you won't find any such details in the agreement reported today. There is no financial data regarding the actual assets or revenues of the Seller supplied in the Purchase Agreement.